Maharashtra Rail Infrastructure Development Corporation Ltd (MRIDC) said it has received approval from the Railways for implementing the 'greenfield semi-high-speed broad gauge double' line between the two cities, located around 200km apart, a project that will cost Rs 16,039 crore.
MRIDC (also known as MahaRail) will be implementing the project, which had been pending approval for long.
"This semi-high-speed double line will provide direct connectivity between Pune and Nashik and the journey between the two cities will be completed in less than two hours.
"MRIDC has planned and designed to run the Pune-Nashik broad gauge rail line with the commercial speed of 200km/hr with future increment up to 250 km/hr," the corporation said in a release.
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